HYTERRA LTD — Capital/Financing Update 2023

Nov 20, 2023

Application for quotation of +securities

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Announcement Summary

Entity name

HYTERRA LTD

Announcement Type

New announcement

Date of this announcement

Tuesday November 21, 2023

The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

Total number of +securities to be quoted

ASX +security		Number of +securities to
code	Security description	be quoted	Issue date
New class - code	QUOTED OPTION EXPIRING 30-JUN-2025	154,600,000	20/11/2023
to be confirmed

Refer to next page for full details of the announcement

Application for quotation of +securities

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Application for quotation of +securities

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Part 1 - Entity and announcement details

1.1 Name of entity

HYTERRA LTD

We (the entity named above) apply for +quotation of the following +securities and agree to the matters set out in Appendix 2A of the ASX Listing Rules.

1.2 Registered number type

ABN

Registration number 68116829675

1.3 ASX issuer code

HYT

1.4 The announcement is

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New announcement

1.5 Date of this announcement

21/11/2023

Application for quotation of +securities

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Application for quotation of +securities

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Part 2 - Type of Issue

2.1 The +securities to be quoted are:

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+Restricted securities where the escrow period has expired or is about to expire

2.2 The +securities to be quoted are:

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New +securities in a class that is not yet quoted on ASX ("new class")

Application for quotation of +securities

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Application for quotation of +securities

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Part 3C - number and type of +securities to be quoted (new class) where issue has not previously been notified to ASX in an Appendix

3B

+Securities to be quoted in a new class as a result of escrow expiring on an existing class

FROM (Existing Class) ASX +security code and description HYTAF : OPTION EXPIRING 30-JUN-2025 RESTRICTED

TO (New Class) ASX +security code New class - code to be confirmed TO (New Class) +Security description QUOTED OPTION EXPIRING 30-JUN-2025 TO (New Class) TO (New Class) +Security type ISIN Code Options Please state the number of +restricted securities where the escrow period And the date the escrow restrictions has expired or is about to expire have ceased or will cease 154,600,000 17/11/2023 Issue date 20/11/2023 Will all the +securities issued in this class rank equally in all respects from the issue date? Yes Have you received confirmation from ASX that the terms of the +securities are appropriate and equitable under listing rule 6.1? No

Application for quotation of +securities

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Application for quotation of +securities

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Distribution Schedule

Provide a distribution schedule for the new +securities according to the categories set out in the left hand column -	Provide a distribution schedule for the new +securities according to the categories set out in the left hand column -
including the number of recipients and the total percentage of the new +securities held by the recipients in each
category.
	Total percentage of +securities held
Number of +securities heldNumber of holders	For example, to enter a value of 50%
	please input as 50.00
1 - 1,000	%
1,001 - 5,000	%
5,001 - 10,000	%
10,001 - 100,000	%
100,001 and over	%
Options Details
+Security currencyExercise price	Expiry date
AUD - Australian DollarAUD 0.02500000	30/6/2025
Details of the type of +security that will be issued if an option is exercised
HYT : ORDINARY FULLY PAID
Number of +securities that will be issued if an option is exercised
One ordinary fully paid share for each option exercised
Please provide a URL link for a document lodged with ASX setting out the material terms of the +securities to be
quoted or provide the information by separate announcement.Please refer to section 10.3 of the Re-compliance Prospectus lodged on ASX on 30/11/2022.https://announcements.asx.com.au/asxpdf/20221130/pdf/45j8p3nnqfyt5v.pdf

Application for quotation of +securities

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Application for quotation of +securities

Issue details

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Number of +securities to be quoted

154,600,000

Are the +securities being issued for a cash consideration?

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No

Please describe the consideration being provided for the +securities

Options issued to vendors in consideration of the Neutralysis acquisition, issued under the re-compliance prospectus.

Please provide an estimate (in AUD) of the value of the consideration being provided per +security for the +securities to be quoted

0.012300

Any other information the entity wishes to provide about the +securities to be quoted

Application for quotation of +securities

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Application for quotation of +securities

Part 4 - Issued capital following quotation

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Following the quotation of the +securities the subject of this application, the issued capital of the entity will comprise:

(A discrepancy in these figures compared to your own may be due to a matter of timing if there is more than one application for quotation/issuance currently with ASX for processing.)

4.1 Quoted +securities (total number of each +class of +securities quoted on ASX following the +quotation of the +securities subject of this application)

	Total number of
ASX +security code and description	+securities on issue
HYT : ORDINARY FULLY PAID	562,498,682
HYTO : OPTION EXPIRING 31-OCT-2025	45,533,334
New class - code to be confirmed : QUOTED OPTION EXPIRING 30-JUN-2025	154,600,000
4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)
	Total number of
ASX +security code and description	+securities on issue
HYTAF : OPTION EXPIRING 30-JUN-2025 RESTRICTED	0
HYTAE : OPTION EXPIRING 30-JUN-2025 EX $0.025	40,250,000
HYTAG : OPTION EXPIRING 30-JUN-2025 RESTRICTED	32,150,000
HYTAH : PERFORMANCE RIGHTS RESTRICTED	44,000,000
HYTAK : OPTION EXPIRING 25-OCT-2026 EX NIL	46,000,000
HYTAI : OPTION EXPIRING 30-JUN-2025 EX $0.025	2,500,000
HYTAD : ORDINARY FULLY PAID RESTRICTED	44,004,200
HYTAJ : OPTION EXPIRING 30-MAY-2028 EX NIL	5,000,000

4.2 Unquoted +securities (total number of each +class of +securities issued but not quoted on ASX)

Application for quotation of +securities

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